NGC UK VAT Collection
NGC UK submission fees include 20% UK Value Added Tax (VAT). If a submitter is not required to pay VAT, the submitter will be billed by NGC UK for the net fees, excluding VAT.
Example. The published grading fee for the Express tier is £80 pounds (including VAT). If a customer is not required to pay VAT, they will be billed £66.67 by NGC UK.
The following chart explains when VAT is collected:
|Submitter Location||Submitter Type||Grading Location||VAT|
|United Kingdom||Private individual||United Kingdom||20%|
|United Kingdom||Private individual||Shipped to US||No VAT|
|United Kingdom||Business||United Kingdom||20%|
|United Kingdom||Business||Shipped to US||Reverse Charge1|
|Other European Union Countries||Private individual||United Kingdom||20%|
|Other European Union Countries||Private individual||Shipped to US||No VAT|
|Other European Union Countries||Business||United Kingdom||Reverse Charge1|
|Other European Union Countries||Business||Shipped to US||Reverse Charge1|
|Outside of the European Union||Private individual||United Kingdom||20%|
|Outside of the European Union||Private individual||Shipped to US||No VAT|
|Outside of the European Union||Business||United Kingdom||No VAT|
|Outside of the European Union||Business||Shipped to US||No VAT|
1You must supply NGC UK with your VAT ID Number to be eligible for Reverse Charge VAT. If you do so, you will not be charged VAT by NGC UK in the “Reverse Charge” scenarios listed above.
A business will be required to provide NGC UK with their VAT ID Number.